Ricoh Company (Germany) Market Value
| RIC1 Stock | EUR 11.00 0.10 0.92% |
| Symbol | Ricoh |
Ricoh Company 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ricoh Company's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ricoh Company.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Ricoh Company on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Ricoh Company or generate 0.0% return on investment in Ricoh Company over 30 days. Ricoh Company is related to or competes with Japan Post, Virtus Investment, MGIC INVESTMENT, AGNC INVESTMENT, and United Insurance. Ricoh Company, Ltd. provides various office and commercial printing solutions and related solutions worldwide More
Ricoh Company Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ricoh Company's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ricoh Company upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | 0.0824 | |||
| Maximum Drawdown | 10.57 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 3.06 |
Ricoh Company Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ricoh Company's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ricoh Company's standard deviation. In reality, there are many statistical measures that can use Ricoh Company historical prices to predict the future Ricoh Company's volatility.| Risk Adjusted Performance | 0.1067 | |||
| Jensen Alpha | 0.1737 | |||
| Total Risk Alpha | 0.0161 | |||
| Sortino Ratio | 0.0793 | |||
| Treynor Ratio | 0.3427 |
Ricoh Company Backtested Returns
Ricoh Company appears to be not too volatile, given 3 months investment horizon. Ricoh Company maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ricoh Company, which you can use to evaluate the volatility of the company. Please evaluate Ricoh Company's Risk Adjusted Performance of 0.1067, semi deviation of 1.4, and Coefficient Of Variation of 719.17 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ricoh Company holds a performance score of 10. The company holds a Beta of 0.69, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Ricoh Company's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ricoh Company is expected to be smaller as well. Please check Ricoh Company's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Ricoh Company's historical price patterns will revert.
Auto-correlation | 0.08 |
Virtually no predictability
Ricoh Company has virtually no predictability. Overlapping area represents the amount of predictability between Ricoh Company time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ricoh Company price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Ricoh Company price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ricoh Company lagged returns against current returns
Autocorrelation, which is Ricoh Company stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ricoh Company's stock expected returns. We can calculate the autocorrelation of Ricoh Company returns to help us make a trade decision. For example, suppose you find that Ricoh Company has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ricoh Company regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ricoh Company stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ricoh Company stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ricoh Company stock over time.
Current vs Lagged Prices |
| Timeline |
Ricoh Company Lagged Returns
When evaluating Ricoh Company's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ricoh Company stock have on its future price. Ricoh Company autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ricoh Company autocorrelation shows the relationship between Ricoh Company stock current value and its past values and can show if there is a momentum factor associated with investing in Ricoh Company.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ricoh Stock
Ricoh Company financial ratios help investors to determine whether Ricoh Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ricoh with respect to the benefits of owning Ricoh Company security.